The Federal Reserve Bank of Dallas established the Globalization Institute in 2007 for the purpose of better understanding how the process of deepening economic integration between the countries of the world, or globalization, alters the environment in which U.S. monetary policy decisions are made.

Statement by Bob McTeer
in Response to Being Named Finalist for the Position
of Chancellor of the Texas A&M University System

“I’m honored
to be named finalist for the chancellor’s position
at the Texas A&M University System. My highest priority
will be to justify the confidence the Board of Regents
has placed in me.

“If appointed, I will retire
from the Federal Reserve and will obviously miss it
after a 36-year career, including over 13 years as President
of the Federal Reserve Bank of Dallas.

“I will look forward to
meeting and getting to know the students, former students,
the faculty, and my new colleagues in the universities
and state agencies. I also look forward to working with
the Governor and the Legislature on behalf of the students
and taxpayers of the great state of Texas.”